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  • 标题:The impact of the value of dispute, discount rates and litigation costs on the decision to litigate
  • 本地全文:下载
  • 作者:Gligorić Čedomir ; Grdinić Vladimir
  • 期刊名称:Ekonomija: teorija i praksa
  • 印刷版ISSN:2217-5458
  • 电子版ISSN:2620-0228
  • 出版年度:2016
  • 卷号:9
  • 期号:4
  • 页码:19-32
  • DOI:10.5937/etp1604019G
  • 出版社:University Business Academy - Faculty of Economics and Engineering Management, Novi Sad, Serbia
  • 摘要:The different interests of the plaintiff and the defendant represent the fundamental mechanism that drives the litigation. If the litigation is initiated; the aim of the plaintiff is to maximize the net benefit of litigation; and the goal of the defendant is to minimize the expected litigation costs. When the plaintiff and the defendant make a decision to initiate litigation or to make the settlement; both sides in the dispute behave rationally; trying to achieve conflict­ing goals. Important factors that influence the decision to initiate litigation; among others; are the value of the dispute; the discount rate and the litigation costs. Based on the economic model of bringing a lawsuit (model of optimism) it has been found that the rise of the value of dispute increases the likelihood of initiating litigation; while increasing the discount rate and the amount of litigation costs; increases the likeli­hood of the settlement. Different rules for calculating the costs of litigation (English vs. American rule) give different litigants incentives to change their behavior. Namely; the legal system of the Republic of Serbia uses the English rule to calculate litigation costs; and the litigation is initiated at the lower value of the dispute compared to the American rule. The American rule motivates litigants to settle at a lower value of the discount rate compared to the English rule. Based on the model; it was found that an increase in litigation costs in our legal system must be of greater intensity in relation to the American rule; in order to motivate the litigants to make a settlement.
  • 关键词:ekonomska analiza parnice; nagodba; vrednost spora; diskontna stopa; parnični troškovi
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